TECH NEWS

Paytm Wallet Comeback: RBI Gives Initial Approval to Revive Digital Payments Service

Paytm has received in-principle RBI authorisation to issue digital wallets through its subsidiary, Paytm Payments Services. The company must complete the prescribed audits and obtain final approval before restarting wallet operations

Paytm has received in-principle authorisation from the Reserve Bank of India (RBI) to issue and operate prepaid payment instruments (PPIs), including digital wallets, through its wholly owned subsidiary, Paytm Payments Services Limited (PPSL).

The authorisation was granted on November 13 under the Payment and Settlement Systems Act, 2007, according to a regulatory disclosure by Paytm's parent company, One 97 Communications.

The approval is subject to compliance with RBI's guidelines for prepaid payment instruments. PPSL will also have to complete a system audit, including a cybersecurity audit, and submit the report to the central bank within six months.

The company can begin issuing wallets only after receiving the RBI's final authorisation, or Certificate of Authorisation. The development marks a step...

Copyright of this story solely belongs to www.ciol.com. To see the full text click HERE

http://www.techmeme.com/img/techmeme_sq328.png

ASI, developer of AI tool SMART, says the FAA outage “is not based on or a result of the SMART system, any product of ASI, or our integration with FAA and ATC”

Featured Podcasts Machine Gods: The 10 Biggest Losers from Jensen Huang's Fall + The METR Report That Scared Us The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future. Subscribe to Machine Gods. The

https://assets.newatlas.com/dims4/default/7b9bba7/2147483647/strip/true/crop/2000x1050+0+225/resize/1200x630!/quality/90/?url=https%3A%2F%2Fnewatlas-brightspot.s3.ap-southeast-2.amazonaws....

3D-printed frog swims using artificial muscles powered by light

A frog that takes nearly two minutes to swim about the length of a credit card is unlikely to make a splash at the next Amphibian Olympics. Then again, most frogs have the benefit of some 200 million years of evolution. This one was just hatched out of a 3D

Bing now has an "-ai" operator for search results without the AI

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. No AI, Thanks: Despite Microsoft's utmost efforts, Bing still ranks way below Google in search market share. Now, though, the Redmond corporation is trying to boost its web service's popularity

https://d2908q01vomqb2.cloudfront.net/f1f836cb4ea6efb2a0b1b99f41ad8b103eff4b59/2026/11/10/ML-21878-featured-image.png

Production MLOps at GS Caltex with Amazon SageMaker Canvas, part 1 | Amazon Web Services

GS Caltex uses Amazon SageMaker Canvas and Amazon SageMaker Pipelines to connect process engineers’ models to production workflows. The South Korean energy and chemical company divides model development and operations between engineers with complementary skills. Process engineers build and validate models in SageMaker Canvas without writing code, drawing on their

Paytm has received in-principle RBI authorisation to issue digital wallets through its subsidiary, Paytm Payments Services. The company must complete the prescribed audits and obtain final approval before restarting wallet operations

Read more

ASI, developer of AI tool SMART, says the FAA outage “is not based on or a result of the SMART system, any product of ASI, or our integration with FAA and ATC”

3D-printed frog swims using artificial muscles powered by light

Bing now has an "-ai" operator for search results without the AI

Production MLOps at GS Caltex with Amazon SageMaker Canvas, part 1 | Amazon Web Services